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For the following problem use the formula I PRT where I is interest in dollars...

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Algebra

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For the following problem use the formula I PRT where I is interest in dollars P is the principal or loan amount R is the interest rate and T is the time in years 1 Find the interest if principal of 2600 is invested at 11 or 0 115 for four years 1 Round to the nearest dollar as needed

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